When intraday levels or patterns are exceeded or invalidated or you want more detailed analysis, please refer to charts posted for the week, click here

Futures Pattern Scanner by Neoharmonics:

ES_F has same scenario as posted for 5/1.  Keep eye on STRg8 blue trendline, as long as it holds above there the implication is that Dp Crab wants to play out, increasing in that bias above X pt then more important 2391 SL.  Overall intraday view has price holding inside 707 Bfly PRZ.

NQ_F invalidated the Crab as described for 5/1, Now I’m watching if the STR20 ABCD at 5635.75 will begin a Retrce Mode, if so, below 5629.5 is initial sup to take out & ideal min tgt at 5598.5 w/ scaling pts at green GRZ.  This GRZ belongs to / STRg8 emerging Bat that wants to help out but keep eye on AC trendline, if can’t hold price dn, could still be forming C pt or upside continuation has ideal tgt at green ABCD at 5649.5  Momo is key, note the STR20 has neg div & below OB region would help pull price dn.

CL_F has same analysis as 5/1.  STRg8 has key sup at AC trendline, decreasing the tan Bat’s probability if b/d there.

GC_F invalidated brown pattern as specified for 5/1 & in doing so completed a DpCrab & larger Bat, currently price is in decision mode, note a brk & hold beyond STRangemarker lvls 1257.9 & 1257 (blue zone on STRg8) w/ momo moving away from midpt offers a probability of directional tgts.  Upside brk has ideal min tgt for smaller pattern at 1261.6, there’s an STRg8 Bat that will help that scenario.  A hold below STR20 PRZ, but more important below 1251.2 has extended PRZ tgts 1242.6 & 1217.8.

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